iPipeline reports 31% increase in new business protection applications

clock • 2 min read

iPipeline has reported a 31% increase in the number of completed new business protection applications in H1 2017, based on provider supplied data, as compared to H1 2016.

  The number of unique clients receiving quotes increased by 23% while comparison requests increasing by 34%. iPipeline's SolutionBuilder, the research, quote and application solution for advisers, said in Q2 2017 it received the highest number of users per quarter since the company began. The latest results for August 2017 showed that iPipeline's new business increased by 39% compared to August 2016. iPipeline said that "income Protection continues to perform robustly and Level Term activity grew strongly in Q2 2017". Across all protection products, premiums averaged £45 per...

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